Constellation Energy Director Charles Harrington Acquires Phantom Stock via Deferred Comp
Constellation Energy Corp
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Filing Summary
📊 Constellation Energy Corp ($CEG) Insider: Charles L. Harrington (Director) Transaction: Acquired 188 Phantom Share Equivalents at $254.02 ($47,755.76) Type: Deferred Compensation Plan (Code A) Holdings After: 5,542 phantom shares Significance: Low (Routine deferred compensation credit)
Comprehensive Analysis
Insider Transaction Overview
On September 30, 2026, Charles L. Harrington, a Director of Constellation Energy Corp ($CEG), acquired 188 phantom share equivalents at a price of $254.02 per share, totaling approximately $47,755.76.
Transaction Details
- Security: Deferred Compensation - Phantom Share Equivalents (underlying Common Stock)
- Transaction Code:
A(Grant, award, or other acquisition pursuant to Rule 16b-3) - Direct/Indirect: Direct
- Post-Transaction Balance: 5,542 phantom share equivalents
Context & Market Significance
According to the footnotes, these phantom share equivalents were credited to the reporting person's stock fund account under Constellation Energy's multi-fund, non-qualified deferred compensation plan. The phantom shares are settled in cash on a 1-for-1 basis upon termination of service as a director.
Because this acquisition represents routine director compensation under an established deferred compensation program rather than an open-market discretionary purchase, it carries Low trading significance for market participants.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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